One Door Opens: The Benefits of Having an Open House

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It’s becoming a common notion that holding open houses do not have a significant benefit because most people who come to open houses are not all serious buyers. The popularity of open houses is also in a decline due to the popularity of easier means to showcase the home, such as posting listings on the web that contain pictures of the exterior and interior of the house. Open houses are called sales presentations and are not a complete waste of time, whatever other people may say. Sales presentations are good for people who want to check homes up close but they have benefits for the agents and sellers as well.

Benefits for the seller

An open house allows the seller to show off the home to multiple prospective clients in one day. The open house also forces the seller to package the home to make it look more attractive, which can significantly improve the value of the home.

Benefits for the buyer

Buyers like to examine the homes they are interested in order to see features of the home they would not normally see in the pictures posted online.

Benefits for the agent.

Open houses are also beneficial to agents. The presence of home buyers brings a number of potential clients who may be looking for other property if the present house does not suit them.

Preparing for an open house

Experts say that before you hold an open house, it is best to hire staging experts or at the least do minor repairs and improvements to present your home in the best light. Fix minor defects in the roof, the tiles, the walls, and add fresh coats of paint to make the house look inviting and new. Spending money on repairs is often very profitable because they increase the value of the home and help you sell your home faster.

May 13, 2016 |

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